Can you get earnest money back if you back out?

Yes, if you back out for a reason your contract allows and within its deadlines. Contingencies for inspection, financing and appraisal are the usual exits. If you back out after those deadlines pass, or for a reason the contract does not cover, the seller may be entitled to keep the deposit.

Timing matters most. A buyer who cancels on day 9 of a 10-day inspection period, with proper written notice, is usually protected. The same buyer canceling on day 12 often is not. Follow the notice rules exactly, including who must receive it and in what form.

Even when you are in the right, the escrow holder usually needs a signed release from both sides before sending the money back. If the seller refuses, the dispute can go to mediation or court. See when earnest money is refundable and the guide to earnest money disputes.